Sales increased by almost 8 per cent up to EUR 1.953 million

Madrid, 30th July 2015 – Prosegur has registered a sales figure of EUR 1.953 million in the first half of the year, representing an increase of almost 8 per cent over the same period in 2014. The EBIT – earnings before interest and taxes – amounted to EUR 143 million, while net profit has reached EUR 78 million, a 17.3 per cent increase over last year same period.

By geographical area, in Europe and Asia-Pacific revenues amounted to EUR 779 million. This was mainly driven by the good business performance in Portugal, Spain and Germany. In Latin America, the turnover has increased by 13.7 per cent to EUR 1,173 million. 

Good performance of the three business lines

Prosegur works with a permanent focus on continuous innovation to provide its customers with specialized security solutions tailored to address their specific needs.

To this end, the Company currently has three business lines: Integrated Security Solutions (SIS) that integrates Manned Guarding and Technology services, Cash Management and Alarms.

In the first six months of the year, Prosegur´s Integrated Security Solutions has reported a revenue of EUR 980 million. By regions, Europe and Asia-Pacific have achieved a turnover of EUR 466 million and Latin America EUR 514 million, which represents an increase of 14 per cent compared with the same period of last year.

The Cash Management area has reached a total turnover of EUR 869 million, increasing by 9.6 per cent over the same period of 2014. In Europe and Asia-Pacific, sales increased by 3.4 per cent totalling EUR 260 million. In Latin America sales reached EUR 609 million, representing an increase of 12.4 per cent.

With more than 400,000 connections, Alarms sales grew above 17% to EUR 103 million in sales, showing that Prosegur is currently growing in this business line above market average.

High credit quality of the company.

Prosegur has been assigned the “Baa2 Outlook Stable” rating by Moody’s, which confirms the financial solvency and soundness of Prosegur business model. This rating complements the recent “BBB Stable” assigned by Standard & Poor’s.